| Firm | Analyst | Phone | Email / Website |
| BTA | Dana Kunanbayeva | +7 727 393 7341 | D_kunanbayeva@btas.kz http://www.tas.kz |
| Hanson WestHouse | - | +44 20 7601 6100 | info@hansonwesthouse.com http://hansonwesthouse.com/home.asp |
| ING | Haluk Akdogan | + 44 20 7677 6650 | haluk.akdogan@uk.ing.com http://www.ing.com/group/index.jsp |
| Renaissance Capital | Dina Yuldasheva | +7 727 244 1587 | - http://www.rencap.com |
| Troika Dialog Kazakhtan | Zaurbek Zhunisov | +7 727 244 2333 | zaurbek_zhunisov@troika.kz http://www.troika.kz |
| UBS | Alexei Morozov | +7 495 648 2369 | alexei.morozov@ubs.com http://www.ubs.com |
| Visor Capital | Sergey Vasiliyev | +7 727 356 0794 | sev@visocap.com http://www.visocap.com |
Please note that any opinions, estimates or forecasts in relation to Steppe Cement Ltd made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Steppe Cement Ltd or its management. Steppe Cement Ltd does not by its reference above or distribution imply its endorsement or concurrence with such information, conclusions or recommendations.





